SUBSCRIBERS
Ascendas Reit sells Old Toh Tuck Road building for S$24m
Add BT as a preferred sourcePublished Tue, Apr 3, 2018 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ASCENDAS Reit announced that it entered into a sale-and-purchase agreement on Tuesday to sell 30 Old Toh Tuck Road to interior design company Soon Bee Huat Trading for S$24 million.
The five-storey ramp-up logistics building, at 19 years old, has 39 years remaining on its land lease tenure; its gross floor area measures 16,353 square metres and its occupancy stood at 86.1 per cent as at Dec 31, 2017.
Copyright SPH Media. All rights reserved.
